[An Australian in China by George Ernest Morrison]@TWC D-Link book
An Australian in China

CHAPTER VII
35/37

They were as large as an English scone, and cost two cash apiece, that is to say, for one shilling I could buy twenty dozen.
Money in Western China consists of solid ingots of silver, and copper cash.

The silver is in lumps of one tael or more each, the tael being a Chinese ounce and equivalent roughly to between 1400 and 1500 cash.
Speaking generally a tael was worth, during my journey, three shillings, that is to say, forty cash were equivalent to one penny.

There are bankers in every town, and the Chinese methods of banking, it is well known, are but little inferior to our own.

From Hankow to Chungking my money was remitted by draft through a Chinese bank.

West from Chungking the money may be sent by draft, by telegraph, or in bullion, as you choose.


<<Back  Index  Next>>

D-Link book Top

TWC mobile books